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Mortgage Market Update
My Mortgage Company
Peachtree Capital Mortgage
Tuesday, October 20, 2026
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When rates move, your options change |
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Every week, I see borrowers surprised by how much a small rate move affects their buying power and monthly payments. Let me break down what's actually happening behind the scenes.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates and are provided for informational purposes only. Actual rates vary based on credit profile, loan amount, and market conditions. Please contact us for a personalized rate quote.
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Affordability Check
What changes when rates move
When interest rates shift, your monthly payment moves with them—but that's not the whole story. A rate change affects how much house you can afford, how much of each payment goes toward principal versus interest, and whether refinancing makes sense down the road. If rates have moved since you last checked your situation, your options may have changed too. Some borrowers find they can afford more than they thought; others discover that locking in sooner rather than later could save them money over time. The key is understanding your own numbers, not just watching the headlines. I'd love to walk through what a rate change means for your specific situation. Reach out and let's talk through how rates affect your goals.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Peachtree Capital Mortgage
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